These documents are suitable for use as brief guidance for those undertaking compliance roles within your firm and who are responsible for dealing with the subject matter of the documents. You may also wish to circulate the documents to your compliance team/relevant persons to provide a useful overview on the topic.
What is in the documents
Guide to File Opening Risk Assessment - Departmental Risks: This document provides guidance on File Opening Risk Assessments for departmental risks, including what the risk assessment should cover, types of departmental risk and suggested content for a Departmental Risk Assessment Policy.
File Opening Risk Assessment - Departmental Risks Checklist: This document contains a summary checklist of the actions that we recommend firms take in relation to File Opening Risk Assessments for Departmental Risks.
How to use the documents
Guide to File Opening Risk Assessment - Departmental Risks: This Guide can be used to provide you with useful information on undertaking file opening risk assessments to identify departmental risks and can also be used to assist you to draft your Policy. It details the information that we recommend you insert in your Policy.
File Opening Risk Assessment - Departmental Risks Checklist: This checklist details the action that we recommend Firms take in order to deal with risk assessments of this nature at their Firm and can be used to assist Firms to check that they have appropriate processes in place.
Downloads
File Opening Risk Assessments (FORA) - Departmental Risks - CHECKLIST (opens a new window)
File Opening Risk Assessments - Departmental Risks - GUIDE (opens a new window)
File Opening Risk Assessments FORA - POLICY (opens a new window)